Compare Mortgage Quotes

tanyaneil · Joined: 19 Feb 2010 Posts: 1 1.24 Dollars($)

If I file for a Chapter 7, in 2010 will I be allowed my refund for this year 2010 in 2011?

jenkin7 · Posted: Mon Feb 22, 2010 2:38 am Post subject:

Hi tanyaneil,

While you are in bankrupty, the entire or a part of the tax refund can be considered as your asset and your bankruptcy trustee can use it to pay off your creditors. Thus, your tax refund for the year 2010 can be taken by the trustee. However, if you receive the tax refund after you have been discharged from bankruptcy, the trustee cannot take it from you to pay your creditors.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Compare Mortgage Quotes

Chapt 7 will I still be able to recieve my Tax return as a single parent with EIC?

Financial Tools

Our Community

Community Rewards

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1